As some of you may know by now we sold our home and moved into a new home. I thought I would share our journey and give you some pointers or things that we found helpful. Making a huge move like this isn’t easy and is very stressful whether you want to do it or not. Like always I am going to be very honest in what I felt about it all. No sugar coating. What got us into this whole crazy thing? Vacation…that’s what. We were on vacation and we decided that we were tired of holding off on pursuing what we have talked about for so long. We have always wanted an older home, in a different area and we thought it’s time, so the hell with it. Our realtor Zach Chittenden with Keller Williams is amazing; you can visit him at www.kw.com.
I will be breaking this down into three parts. Part 1: Finding a Realtor, Part 2: Listing Your Home and Part 3: Sold! Moving into our new home. I will try to keep them short but informative.
Finding a Realtor
We were lucky enough to have known our realtor before we hired him. Many of us probably know someone or are related to someone who is a realtor. There are a few things you should know about your realtor to help you make the best decision of who to choose to represent you. Even though Zach was a friend of ours he kept it professional. He represented us just like any other client and was honest with us. You shouldn’t expect anything less than that. Selling and buying a home is serious business. Here are a few questions and things to consider when interviewing or selecting an agent.
1. Are they a realtor full time or part time? Not stating that either one carries more weight than the others, however, consider what your and their needs are. This process is very demanding and you want someone who can be there to answer your questions, show you houses, be knowledgeable in current real-estate. I know some great part time realtors. We chose to have a full time realtor because of our situation and what our goals were.
2. What are their specialties? Meaning what kind of real-estate do they specialize in? Residential, commercial, new construction…ect. With the way the market is you never know what you are going to find or what may arise during your process. There are so many different rules to each one that correspond with types of loans that can really make things complicated. You want to make sure that your realtor is able to explain those things to you or that they have resources available to get you the answers.
3. Can you trust this person/realtor? Now, this is more of a question for yourself rather than the realtor. With what you are about to embark on you need to have someone that you can be able to feel comfortable telling them what your financial situation is. What you can and can’t afford. This raises a HUGE issue, but, you need to be fully honest with your realtor and your lender. The realtor isn’t going to be able to serve you well if they don’t know what your financial capabilities are. You have to consider a few things like closing costs, realtor fees, down payment, cost for minor repairs, appraisal and home inspection fees. If your realtor knows what you are dealing with financially they will be able to better assist you in your contract with a potential buyer/seller. Let your lender and agent do the dirty work. This is what they do for a living. Believe me, it is hard to let someone else take control however, I let them deal with the hard stuff. It made it less stressful.
4. What is the agents contract between you and them? Do they have fees or upfront costs? What if you decide to back out? How long is it for? Ask all your questions and don’t be shy. If your agent (or going to be) is really considering your well being they want you to fully understand the contract. No miscommunications, no worrying about what something means or where you stand with them. It’s nice to sleep at night. Trust me, you need as much of it as you can get.
Some of the best things I could advise you of:
*Be open to what your agent has to say.
*Be transparent with your agent and loan officer
*Understand your goals and where you want to be. Don’t get hung up on the small things.
*Be realistic with what’s going on. Take a deep breath and trust in the people you have selected to work with.
Some of the greatest words of wisdom came from my husband and is what got this entire change to happen. “You are not the most successful when you are comfortable.” This rang true for me. He was right, we weren’t being successful in where we wanted to be and what we wanted to do without making a change. Change isn’t something that comes easy to me, but I was tired of the same thing. My husband was right.